Budget2015-16

Millions of rupees were being allocated to the inter-city bus project but no work had been done.
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77% of the development budget has been allocated to the ongoing schemes.

he claimed that the government is going to spend more on the department - Rs13.2 billion to be exact

Protests from opposition benches began soon after finance minister Murad Ali Shah started his speech

Sindh follows centre's direction, raises minimum wage from Rs12,000 to Rs13,000

Chamber criticises increased indirect taxes.

Water and power secretary seeks Rs84b subsidy from Finance Division.

Import duty on milk powder, whey powder to be decreased.

Sales tax on internet services withdrawn at last moment.

Senate standing committee says income threshold should be lowered for high earners

According to budget documents, no new scheme has been announced; thus the amount will be spent on ongoing projects

Rs22 million earmarked for scholarships for minority students.

Pakistan Kissan Ittehad president says this might not help farmers as there are other issues which affect them more

Rs94.18 million for nine new schemes.

Largest share of development budget goes to Counter Terrorism Department.

Rs88 million reserved for restoration of Shalamar Gardens.

A province-wide survey of child labour has been proposed .

Opposition heckles Dr Ayesha Ghaus with Go Nawaz Go slogan.

Punjab sets 64 per cent literacy rate target for the year.

According to budget documents, Rs10.82 billion will be spent on the provision of free medicines

Largest ever development package announced for the Punjab.

Mr Dar listed Imran Khan’s dharna in August-December among the adverse influences on his performance

In choosing infrastructure, communication, energy, govt has chosen its 3 planks of reviving the economy

Any layman can understand that with a growth rate of 4.24 per cent, job creation is a far-fetched dream

Proposal floated to tax undistributed reserves over 100% of paid-up capital.

Committee members from Khyber-Pakhtunkhwa and Balochistan speak against earmarking meagre funds.

Says it will hamper telecom sector growth.

E&SE department says over Rs11b used so far, but finance shows Rs9.3b; P&D claims around Rs13b utilised

Term budget ‘not people-friendly’, based on temporary solutions

Says most incentives will assist growth; taxation remains neglected area.

Going back on promises in the past leaves industrialists less hopeful.

Say fresh duties to deter sales and increase prices by 25%.

Govt looks to impose tax on every transaction done through banking channels

He suggested the government to bring down the rate of tax of non-filers to the rate of income tax returns filers

Association chief says the tax board has created distortions.

ICT3 chief says imposition will lower mobile broadband uptake.

Budget-makers don’t look at the state of the nation and its harsh realities

Brushing aside key economic problems, Dar takes credit for steps not taken by govt.

Says govt ignored demand for cut in general sales tax

ICCI opposes increased tax rates, PBIF hails budget measures.

May utilise 88% of the earmarked Rs43.55b despite water scarcity fears.

Benefit extended to projects that come online within three years

A paltry sum has been apportioned to education ministry, which is responsible for lives and fortunes of students

Finance minister explains salient features of the new budget and clarifies misconceptions surrounding it

This is the 6th year in a row that government servants will get budgetary relief in the shape of ad hoc allowances

China-Pakistan Economic Corridor project allocations get cut, but still take up lion’s share of federal PSDP.

Prices of packaged dairy, cigarettes, mobile phones, petroleum, meat and poultry likely to rise.

Army will get 47%, air force 20% and navy 10%

5.5% growth rate targeted for next year

Aim is to take aviation’s share in GDP to global average.